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Do wechat IOUs have legal effect?
Wechat IOUs have legal effect.

The IOUs played by WeChat have the same legal effect. As long as the IOUs are standardized and complete, they are protected by law. The IOUs on WeChat belong to electronic data and are also one of the types of evidence, but at the same time, to prove that there is a civil legal relationship with WeChat chat records, the relevant conditions must be met, that is, authenticity, legality and relevance.

Components of IOUs:

1, title. The title of IOU is generally composed of language names, that is, the word "IOU" is written in large font at the top and middle of the text. Some still write the words "temporarily owed" or "now owed" as the title in this position, but the text of this title is written at the top of the next line;

2, the text. The subject of the IOU should write down what the person or unit owes, what it owes and how much it owes, and indicate the repayment date;

3. signature. Signature should be accompanied by the name of the owed unit and the personal signature of the handler, and the personal name of the owed party should be attached to the debit note issued by the individual. Meanwhile, the date of signing the debt. Units should build official seals and individuals should build private seals.

To sum up, the IOUs issued by WeChat are as legally effective as ordinary IOUs, and are protected by law as long as the IOUs are standardized and complete.

Legal basis:

Article 668 of the Civil Code of People's Republic of China (PRC)

A loan contract shall be in written form, unless otherwise agreed between natural persons.

The contents of a loan contract generally include terms such as loan type, currency, purpose, amount, interest rate, term and repayment method.

Article 68 of the Civil Procedure Law of People's Republic of China (PRC)

The parties concerned shall provide evidence of their claims in time.

The people's court shall, according to the litigant's claim and the trial of the case, determine the evidence that the litigant should provide and its time limit. If it is really difficult for the parties to provide evidence within the time limit, they may apply to the people's court for an extension of the time limit, and the people's court shall extend the time limit appropriately according to the application of the parties. If a party fails to provide evidence within the time limit, the people's court shall order it to explain the reasons; If the people's court refuses to explain the reasons or the reasons cannot be established, it may reject the evidence according to different circumstances, or accept the evidence but admonish it and impose a fine.

Article 69

When the people's court receives the evidential materials submitted by the parties, it shall issue a receipt indicating the name, number of pages, number of copies, original or photocopy of the evidence and the time of receipt, and the person in charge shall sign or seal it.